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WDIS: The Classroom hero image
Dr. Jim SchultzMike Butler

WDIS: The Classroom

Need a little bit more instruction? Mike, Jim, Brittany, and Jessica enter the classroom, assess their current trade hangups & answer questions from viewers.


Dr. Jim SchultzMike Butler
Portfolio Objectives
WDIS: The Classroom
Portfolio Objectives
Jul 17, 2018
In this first segment of The Classroom, we lay out the portfolio objectives for both Jessica and Brittany’s portfolios.
Portfolio Construction: Brittany (Part One)
WDIS: The Classroom
Portfolio Construction: Brittany (Part One)
Jul 19, 2018
As we begin to build up Brittany's portfolio, we look at neutral positions in both GLD and EBAY.
A Closer Look at Inversion
WDIS: The Classroom
A Closer Look at Inversion
Jul 24, 2018
With an Inverted Strangle, your goals are no different than they are with a regular strangle, but the width of the strik...
Position Sizing by Account Size
WDIS: The Classroom
Position Sizing by Account Size
Jul 25, 2018
When it comes to position sizing with our defined-risk and undefined-risk strategies, we need to take into ‘account’ our...
WDIS: The Classroom
WDIS: The Classroom
WDIS: The Classroom
Jul 28, 2018
WDIS: The Classroom
The Butterfly
Jul 31, 2018
While being a long premium play, the Butterfly strategy is another strategy that is best utilized during periods of high...
WDIS: The Classroom
More Butterflies + AAPL Earnings
Aug 1, 2018
Why do we prefer Long Butterflies over Short Butterflies?
WDIS: The Classroom
Tested after Earnings
Aug 3, 2018
Brit and Jessica are tested in their respective X earnings trades. What are their options?
WDIS: The Classroom
The Free Butterfly
Aug 4, 2018
Today, we show Brittany and Jessica how to create a Free Butterfly - a riskless trade with nothing but upside!
WDIS: The Classroom
More Free Butterflies
Aug 7, 2018
Another way to create a Free Butterfly is to buy back the ‘embedded short vertical’ that is inside of a BWB for less tha...
WDIS: The Classroom
Broken Wing Butterfly to Free Butterfly – A Step-by-Step Process
Aug 8, 2018
We lay out a simple, step-by-step process that outlines exactly how to turn a Broken-Winged Butterfly into a Free Butter...
WDIS: The Classroom
Broken Wing Butterfly in tastytrade
Aug 9, 2018
After working through one final example of Free Butterfly, we look to analyze the adjustment Brittany made to her X earn...
WDIS: The Classroom
Adjusting Jessica’s Portfolio for Vacation
Aug 15, 2018
With Jessica going on vacation tomorrow, we comb through each of her positions to see which ones command our attention.
WDIS: The Classroom
Low Volatility for Calendar Spreads
Aug 18, 2018
Calendar Spreads are better suited for low volatility environments. The reason why this is the case is that further-date...
WDIS: The Classroom
Twitter Question: Straddles for Earnings?
Aug 22, 2018
Today, we tackle a great question that came in via Twitter: with the IV crush that is so predictable after earnings.
WDIS: The Classroom
The Ratio Spread!
Aug 28, 2018
Their directional flexibility and opportunities for adjustment make Ratio Spreads maybe the most dynamic strategy that w...
WDIS: The Classroom
Ratio Spread Execution
Aug 29, 2018
Building off of yesterday’s discussion about Ratio Spreads, Jessica looks to add one to her account – her first Ratio Sp...
WDIS: The Classroom
Calendar Spread Adjustments & Binary Events in ETFs
Aug 31, 2018
Today, we explore the different options available to Brittany with her SPY Calendar Spread, and we discuss the upcoming ...
WDIS: The Classroom
Jessica’s First Calendar Spread
Aug 31, 2018
In low volatility markets, Calendar Spreads are great strategies. So, Jessica looks to put on her very first one today!
WDIS: The Classroom
Roll "In" or Roll "Out"?
Sep 5, 2018
The class takes a look at Brittany's Short Strangle in EWZ, and they help her decide whether she should adjust this posi...
WDIS: The Classroom
Rolling Confusion and Management by IV
Sep 10, 2018
Today, the class unpacks some confusion around rolling credits and potentially managing trades by IV changes alone.
WDIS: The Classroom
Ratio Spread Management
Sep 12, 2018
Today, the class focuses their energies on understanding what's happening with Brittany's Ratio Spread, and they adjust ...
WDIS: The Classroom
Greek Power
Sep 13, 2018
Some greeks are more potent than others, and today, we try to better understand these differences in power.
WDIS: The Classroom
Bull Market = More Directional?
Sep 14, 2018
Today, the class fields another great question from Twitter about bull markets and directional bias.
WDIS: The Classroom
Max Gain/Loss on Calendar Spreads
Sep 18, 2018
What are the profit/loss dynamics of a Calendar Spread. Specifically, what is the max gain and the max loss?
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